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Stocks rise on upbeat earnings; Russia sanctions boost oil
Yahoo Financeยท2025-10-23 11:37

By Amanda Cooper LONDON (Reuters) -Global stocks got a boost on Thursday from a slew of upbeat earnings that helped counter some of the gloom on Wall Street over a lacklustre showing from tech megacaps, while oil prices surged following U.S. sanctions against Russia. Oil jumped 5% after Washington imposed sanctions on major Russian companies Rosneft and Lukoil over the Ukraine war. European equities shook off overnight weakness in Asia and the U.S. as a clutch of positive earnings boosted domestic index ...